8 Best Industries for Startups
Posted: Tue Dec 24, 2024 5:14 am
Startups are often associated with online technology projects. In reality, however, they operate in a variety of industries that are not closely related to IT. Where do startups dominate? Read our article and check out our list of the top industries for startups.
Best industries for startups – index:
8 Best Industries for Startups
Top most funded industries
Best Industries for Startups – Summary
8 Best Industries for Startups
In some industries, startups are created more frequently than in others , since it is simply more difficult to operate in certain markets on a larger scale. The popularity of startups in a given industry is also influenced by the fact that in some sectors it is quite easy to obtain funding, while in others, it is almost impossible.
Analysts have calculated that in the US alone, almost 430,000 startups are created each year , which is approximately 1,200 businesses per day and 49 per hour. The numbers are impressive. It turns out that the best industries for startups are the following:
Technology . Our list is led by the technology sector. In the US, about 20 technology companies are created each year, generating revenues of more than $100 million. The technology industry consists of argentina whatsapp number database that sell goods and services in electronics, software, computers, artificial intelligence. However, it is important to note that technology startups have the highest failure rate.
Construction . Not many people associate startups with the construction industry. However, it turns out that there are a lot of them in this sector. What’s more, these businesses receive over $580 million in funding each year. The construction industry is one of the least digitized, but studies show that the use of artificial intelligence increases profits in this sector by 71%.
Fintech . The fintech industry, which refers to the use of technology to provide financial services and products to consumers, has been a gold mine for investors in recent years. Fintech companies have revolutionized financial services. Currently, 80% of financial institutions use fintech solutions.
Hospitality . Despite the Covid-19 pandemic, this is a sector with great opportunities for startups. There are hundreds of new and successful companies in this industry, and there are still many people willing to take catering and accommodation services to a new level. In addition, it is quite easy to obtain financing here.
best industries for startups
Retail . A wide range of businesses thrive in this space. COVID-19 has brought e-commerce to the forefront of retail. According to scientific data, global retail sales growth will continue to increase and take more market share in the future.
Real Estate . Real estate startups that use AI solutions are the best performers in this sector. Startups in this industry receive up to $2 billion in funding annually.
Healthcare . The COVID-19 outbreak has accelerated the growth of several startups in the healthcare sector. Modern medical devices have become a huge hit around the world. All indications are that healthcare will be a leading industry for startups in the coming years.
Edtech . The edtech industry also owes its rapid growth to the pandemic, and now plays a crucial role in the educational experience. As remote learning becomes a new reality, the demand for online learning tools will continue to grow.
best industries for startups
Top most funded industries
Investors are pouring money into promising young companies across a variety of industries. Here are the 6 most-funded sectors :
health
financial services
e-commerce and retail
transport
real estate
security
Best Industries for Startups – Summary
Startups are formed in almost every industry. They are not always associated with new technologies and the Internet. However, technology and fintech startups are the most likely to scale quickly and have the greatest potential to become successful.
Best industries for startups – index:
8 Best Industries for Startups
Top most funded industries
Best Industries for Startups – Summary
8 Best Industries for Startups
In some industries, startups are created more frequently than in others , since it is simply more difficult to operate in certain markets on a larger scale. The popularity of startups in a given industry is also influenced by the fact that in some sectors it is quite easy to obtain funding, while in others, it is almost impossible.
Analysts have calculated that in the US alone, almost 430,000 startups are created each year , which is approximately 1,200 businesses per day and 49 per hour. The numbers are impressive. It turns out that the best industries for startups are the following:
Technology . Our list is led by the technology sector. In the US, about 20 technology companies are created each year, generating revenues of more than $100 million. The technology industry consists of argentina whatsapp number database that sell goods and services in electronics, software, computers, artificial intelligence. However, it is important to note that technology startups have the highest failure rate.
Construction . Not many people associate startups with the construction industry. However, it turns out that there are a lot of them in this sector. What’s more, these businesses receive over $580 million in funding each year. The construction industry is one of the least digitized, but studies show that the use of artificial intelligence increases profits in this sector by 71%.
Fintech . The fintech industry, which refers to the use of technology to provide financial services and products to consumers, has been a gold mine for investors in recent years. Fintech companies have revolutionized financial services. Currently, 80% of financial institutions use fintech solutions.
Hospitality . Despite the Covid-19 pandemic, this is a sector with great opportunities for startups. There are hundreds of new and successful companies in this industry, and there are still many people willing to take catering and accommodation services to a new level. In addition, it is quite easy to obtain financing here.
best industries for startups
Retail . A wide range of businesses thrive in this space. COVID-19 has brought e-commerce to the forefront of retail. According to scientific data, global retail sales growth will continue to increase and take more market share in the future.
Real Estate . Real estate startups that use AI solutions are the best performers in this sector. Startups in this industry receive up to $2 billion in funding annually.
Healthcare . The COVID-19 outbreak has accelerated the growth of several startups in the healthcare sector. Modern medical devices have become a huge hit around the world. All indications are that healthcare will be a leading industry for startups in the coming years.
Edtech . The edtech industry also owes its rapid growth to the pandemic, and now plays a crucial role in the educational experience. As remote learning becomes a new reality, the demand for online learning tools will continue to grow.
best industries for startups
Top most funded industries
Investors are pouring money into promising young companies across a variety of industries. Here are the 6 most-funded sectors :
health
financial services
e-commerce and retail
transport
real estate
security
Best Industries for Startups – Summary
Startups are formed in almost every industry. They are not always associated with new technologies and the Internet. However, technology and fintech startups are the most likely to scale quickly and have the greatest potential to become successful.